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Notes and Line of Credit Payable (Tables) | 9 Months Ended
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Dec. 31, 2014
Notes Payable [Abstract] |
Schedule of Notes and lines of credit payable | Notes and line of credit payable consist of the following:
|  | December 31, |  | March 31, |
|  | 2014 |  | 2014 |
Term loan payable to NNA due March 28, 2019, net of debt discount of $1,121,959 (December 31, 2014) and $1,305,435 (March 31, 2014) |  | $ | 5,528,041 |  | $ | 5,694,565 |
Line of credit payable to NNA due March 28, 2019 |  |  | 1,000,000 |  |  | - |
Unsecured revolving line of credit due to financial institution due June 5, 2015 |  |  | 94,764 |  |  | 94,764 |
|  | $ | 6,622,805 |  | $ | 5,789,329 |
Schedule of Interest Expense Associated with Notes Payable | Interest expense associated with the notes and lines of credit payable consisted of the following:
|  | Three months ended |  | Nine months ended |
|  | December 31, |  | December 31, |
|  | 2014 |  | 2013 |  | 2014 |  | 2013 |
Interest expense |  | $ | 156,450 |  | $ | 13,023 |  | $ | 444,448 |  | $ | 69,111 |
Amortization of loan fees and discount |  |  | 72,765 |  |  | 41,477 |  |  | 215,689 |  |  | 81,257 |
|  | $ | 229,215 |  | $ | 54,500 |  | $ | 660,137 |  | $ | 150,368 |

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- Definition Tabular disclosure of interest income and expense, including, but not limited to, interest income and expense from investments, loans, and securities. + References No definition available. + Details
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- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph f -Article 4 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
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